VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/10/13 -- Highlights:
-- 20 highly prospective new HTEM Survey target zones outlined over a 25 km-long corridor.-- SM25-112555 intersected 156 metres grading 0.30% nickel, 0.27% copper, 0.75 gpt palladium and 0.14 gpt platinum, including an interval of 2.2 metres grading 1.25% nickel, 1.19% copper, 2.0 gpt palladium and 0.16 gpt platinum.-- SM25-184483 (incomplete results) returned 68 metres grading 0.28% nickel, 0.20% copper, 0.53 gpt palladium and 0.10 gpt platinum, including an interval of 4.6 metres grading 1.05% nickel, 0.89% copper, 1.62 gpt palladium and 0.24 gpt platinum.
Sama Resources Inc. (TSX VENTURE: SME) ("Sama" or the "Company") is pleased to announce the detailed geophysical interpretation of the recently completed 3,300 line/kilometre airborne helicopter time domain electromagnetic and magnetic survey (the "HTEM Survey") over part of the Company's Samapleu Exploration License in Cote d'Ivoire, West Africa. The HTEM Survey returned more than 20 high quality targets for nickel-copper exploration.
Strong HTEM Survey conductors were identified at the Samapleu Main and Samapleu Extension 1 Deposits and along a corridor of more than 25 kilometres oriented northeast-southwest. Drilling of these regional targets will start shortly.
The Samapleu Project represents a cluster of differentiated intrusions with mineralization typical of magmatic nickel-copper analogous to well known world class deposits; Noril'sk, Kabanga, N'Komatie, etc. To date, exploration at the Samapleu Project has focused mainly on shallow targets (less than 150 metres deep) at the Samapleu Main and Samapleu Extension 1 Deposits, returning centrally located massive sulphide vein stockworks encased in a thick halo of disseminated sulphide. Nickel and copper tenors of up to 4-5% and 6-8%, respectively, were obtained in massive sulphide material. The HTEM Survey clearly demonstrates the discovery potential for high grade massive nickel-copper sulphide deposits. The reader is invited to view the figure showing the highly prospective HTEM target zones at
The Company is also pleased to announce that hole SM25-112555 intercepted a mineralized zone of 156 metres grading 0.30% nickel, 0.27% copper, 0.75 grams per tonne ("gpt") palladium and 0.14 gpt platinum at the Samapleu Extension 1 Deposit. The interval begins 31 metres from surface and includes several semi-massive high grade sulphide lenses, including 2.2 metres grading 1.25% nickel, 1.19% copper, 2.0 gpt palladium and 0.16 gpt platinum.
Hole SM25-184483, assays for the bottom half of which are still awaited, intercepted a mineralized zone of 67 metres grading 0.28% nickel, 0.20% copper, 0.75 gpt palladium and 0.14 gpt platinum. The interval begins 42 metres from surface and includes several semi-massive high grade sulphide lenses, including 4.6 metres grading 1.05% nickel, 0.89% copper, 1.62 gpt palladium and 0.24 gpt platinum.
Both holes, together with 5 new holes (results are awaited), form part of the additional 230 metre-long strike at the northeast end of the known Samapleu Extension 1 nickel-copper Deposit. Both holes were drilled vertically; true widths are not known at this time.